Belize Dollars: Where To Buy?

If you're looking to buy Belize dollars, you can do so online or in person at banks, hotels, or currency exchange businesses. Online, you can compare the best Belize Dollar exchange rate deals and save up to 10% on your travel money. In Belize, the official currency is the Belize Dollar (BZD), which is pegged to the US dollar at a fixed rate of 2 BZD to 1 USD. This means that you can also use US dollars in Belize and receive change in Belize dollars. However, it's important to note that Belize dollars are generally worthless outside of Belize, so it's recommended to convert any remaining Belize dollars before departing the country.

Buying Belize dollars online

If you're looking to buy Belize dollars online, you've come to the right place. In this guide, we'll take you through the process step by step and provide you with some useful tips to get the best exchange rates and make your transaction as smooth as possible.

Where to Buy Belize Dollars Online

One reputable option for buying Belize dollars online is Manor FX. Manor FX offers competitive exchange rates and convenient delivery options. You can choose to have your Belize dollars delivered straight to your home or office, or you can pick them up from their bureau near Heathrow. They offer free home delivery for orders over £750, and their online ordering process is quick and easy.

Benefits of Buying Belize Dollars Online

Additionally, buying your Belize dollars online can save you time and hassle. You can place your order from the comfort of your home and have the cash delivered directly to you, avoiding the need to visit a physical location. This is especially convenient if you're planning a trip and want to take care of your currency exchange in advance.

Things to Keep in Mind

When buying Belize dollars online, it's important to plan ahead. Make sure to place your order with enough time for processing and delivery, especially if you have specific travel dates in mind. Keep in mind that exchange rates can fluctuate, so it's a good idea to monitor the rates and make your purchase when you see a favourable rate.

Additionally, be sure to research the reputation and security of the online provider you choose. Look for a company with positive customer reviews and a secure website to ensure your transaction is safe.

Using Cards in Belize

While it's a good idea to have some local currency when travelling to Belize, you may also find it convenient to use credit or debit cards. Major credit cards, such as MasterCard and Visa, are widely accepted, especially in tourist areas. However, be sure to notify your bank or credit card company about your travel plans to avoid any unexpected blocks on your card.

In conclusion, buying Belize dollars online is a convenient and efficient way to secure your travel money. By choosing a reputable online provider, you can benefit from competitive exchange rates and have your currency delivered directly to you. With a bit of planning and research, you can make the most of your money and focus on enjoying your trip to this beautiful Central American country.

Exchanging US dollars in Belize

The Belize dollar (BZD) is the official currency of Belize. It is hard-pegged to the US dollar at a fixed rate of BZ$2 to US$1. This means that two Belizean dollars will always equal one American dollar, so you don't need to worry about calculating exchange rates.

US dollars are widely accepted in Belize, and many businesses accept them. However, if you want to exchange your US dollars for Belizean dollars, you can do so at most banks and some upper-end hotels. ATMs in Belize usually accept foreign cards, and you can use them to withdraw Belizean dollars directly with your US-based card. Additionally, currency exchange businesses are available, but it is advised to avoid freelance money changers ("peseros") who do not require any paperwork. These unlicensed changers are frequently found in border areas with Mexico or Guatemala.

It is important to note that Belize law restricts the amount of money individuals can bring into the country. The maximum amount allowed is US$5,000, regardless of form (cash, checks, etc.). All visitors must declare their total currency holdings upon entering Belize if they exceed this amount. Failure to do so may result in arrest and/or fines triple the amount of any undeclared funds.

When exchanging currency, it is recommended to compare rates and use online services to find the best exchange rates before travelling to Belize. Buying Belizean dollars at the airport is generally not advisable due to higher commissions, associated fees, and less favourable exchange rates.

Using ATMs in Belize

ATMs are available in most major towns in Belize and are usually distributed evenly across the country for your convenience. They typically accept Visa, Mastercard, Plus, and Cirrus cards, and some may also take American, European, and Canadian bank cards.

Belizean ATMs only dispense Belize dollars, and some may charge a fee of 3-5 BZD for international card withdrawals, with a daily withdrawal limit of around BZ$500. It is a good idea to notify your bank before travelling to avoid any issues or suspicions when foreign transactions start showing up.

Some banks that are part of the Global ATM Alliance, such as Bank of America, Deutsche Bank, Barclays, BNP Paribas, and Scotiabank, do not charge a fee for cash withdrawals at the ATMs of other alliance members.

Belize Bank, Atlantic Bank, and Scotiabank all accept foreign ATM cards. Belize Bank has established the only nationwide ATM network in the country, with 45 ATMs across Belize. Their ATMs allow you to withdraw up to BZ$1,500 per day and also offer additional services such as checking your account balance, transferring funds, and making deposits.

It is important to be aware of the fees associated with ATM usage in Belize. You will likely incur two fees for each withdrawal: one from your local bank for international use and another from the local Belize bank. Additionally, make sure to only use ATMs that are affiliated with reputable banks to avoid any issues with counterfeit or stolen cards.

When using ATMs in Belize, always be cautious and aware of your surroundings. Ensure no one is looking over your shoulder to protect your PIN, and try to use ATMs that are well-lit and in secure locations.

By following these instructions and being mindful of the fees and limitations, you can efficiently use ATMs in Belize to access cash during your travels.

Using credit cards in Belize

Credit cards are accepted in Belize, especially in tourist areas, but cash is the more popular option. In non-touristy regions, you may struggle to pay with your card.

Most shops, businesses, hotels, and restaurants in Belize will accept credit card payments. Cards issued by major global providers like Visa and Mastercard are commonly accepted, and American Express, Diners Club, and Discover cards will also likely be accepted, though it is always best to check with your bank or card provider.

When using your credit card in Belize, you will be charged several fees: by your credit card company, your bank or card provider, and the ATM network (if you are withdrawing cash). These fees are usually in the range of 2.5% to 5% per transaction, so using cash is often a cheaper option.

If you are using a credit card, it is a good idea to notify your credit card company and bank before travelling, to avoid any issues when foreign charges start showing up.

ATMs are available in most major towns in Belize and usually accept Visa, Mastercard, Plus, and Cirrus cards. They will only dispense Belize dollars and may charge a fee for each withdrawal, with a daily limit of around BZ$500.

Some establishments will include a 2-5% surcharge for customers using a credit card, and credit cards can be used for cash advances at major banks, but additional charges will be incurred.

For these reasons, it is always a good idea to have cash on hand when travelling in Belize, especially if you plan to visit less touristy areas.

Exchanging other currencies

US dollars are widely accepted in Belize, and you can use them everywhere – at bars, restaurants, and shops, getting BZD in return. It is also common to pay for items with a mix of both currencies. For example, you could pay for a BZ$4 item with US$1 and BZ$2. However, keep in mind that prices for items are usually shown only in Belizean prices, so be careful not to pay in US dollars and not expect change, as this would mean you are paying double for the item.

If you do want to exchange other currencies for Belize dollars, you can do so at most banks and some upper-end hotels and currency exchange businesses. However, the exchange rate for currencies other than the US dollar is not very advantageous. It is recommended to exchange your money into US dollars before arriving in Belize or any other Central American country.

Additionally, it is important to note that Belize dollars are generally worthless outside of Belize, and only a few places will exchange them. Therefore, it is advised to convert all remaining Belizean dollars before departing from the country.

Frequently asked questions